Wells Fargo Reviews in Denver, CO | Glassdoor

Wells Fargo Denver Reviews

Updated August 17, 2017
124 reviews

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Denver, CO

3.0
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
5 Ratings

124 Employee Reviews

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  1. "Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Processor in Denver, CO
    Former Employee - Operations Processor in Denver, CO

    I worked at Wells Fargo (More than a year)

    Pros

    Good Experience and work place.

    Cons

    Long hours for mediocre pay.

    Advice to Management

    Opportunities to grow and make more money.


  2. "National review staff"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Denver, CO
    Former Employee - Anonymous Employee in Denver, CO
    Recommends
    No opinion of CEO

    I worked at Wells Fargo full-time (More than 3 years)

    Pros

    unlimited potential for work. Monthly feedback on work related issues.

    Cons

    large company beuracracy and slow to change. Overly conservative with regards to pay raises/bonus.

    Advice to Management

    Don't give the ceo a 30 million salary at the same time that 1% bonus/raises are provided especially when overtime was required for 12 months straight.

  3. Helpful (1)

    "Think long and hard about joining the company. High quantity but a mess to deal with internally."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Home Mortgage Consultant in Denver, CO
    Current Employee - Home Mortgage Consultant in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time (More than 3 years)

    Pros

    Open Schedule
    Fun staff to work with
    Ability to move around the city
    Mediocre bps per loan.

    Cons

    Heavy Micro-management
    100% commissioned with 20% of your valuable time taken up by management required activities.
    The brand itself
    Questionable ethics at times that could lead to larger problems.
    Cold-call centric

    Advice to Management

    Let your employees do what they do best and what is best for the customer.


  4. Helpful (2)

    "Wells Fargo Insider"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Personal Banker in Denver, CO
    Current Employee - Licensed Personal Banker in Denver, CO
    Recommends
    Positive Outlook

    I have been working at Wells Fargo full-time (More than a year)

    Pros

    Great benefits, tons of opportunities for promotion...just have to wait for certain corporate policies to fall into effect. No more sales goals or pressure, yet still receive bonuses based on quarterly customer experience (surveys) and team performance.

    Cons

    Base pay seems a little low compared to comp in my market. But, due to all the bad press, many changes are happening, and base pay likely will increase per position. Sacrificing a lot of service features (ie Coin Exchange Machines, Drive Up Tellers, etc) to save on expenses. Granted these two examples truly do cost a lot to maintain and repair, at which the company has made NO profit from either. With the amount of money lost during the past 6-8 months, one can't fault the company for making budget cuts where needed. Many customers do not understand the company's changes, and persist to complain at all costs, which makes a banker's job more stressful than it needs to be.

    Advice to Management

    I've seen several people come and go at my branch due to their lack of enthusiasm about the job. Some bankers had left to go to other banks where they have made more money, simply because Wells wouldn't pay their worth. Some bankers left because of the nature of the company, saying they can't tolerate such a heavy "corporate" environment. All in all, the company and management truly do what they can to accommodate everyone, but truth is will never be able to make everyone happy. As a previous operations manager in my last job, I must say that management just needs to keep focused on rebuilding the company. Every company in the United States operates on Sales to a certain extent. Without those sales goals, it's more difficult for a company to succeed as its employees won't generate as much revenue, such is the case with Wells. Wells Fargo has a long way to go before it's officially stabilized again, and all we can do is keep trucking on.


  5. Helpful (1)

    "Communications Consultant III"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Communications Consultant III in Denver, CO
    Former Employee - Communications Consultant III in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Wells Fargo full-time (Less than a year)

    Pros

    Room to grow and get promoted if you are flexible and can move within different groups or line of business.

    Cons

    You will never get promoted within your own team, you need to apply for higher roles in different groups.


  6. "Great benefits and flexible working environment but little opportunity to advance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Systems Consultant in Denver, CO
    Former Employee - Business Systems Consultant in Denver, CO
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time (More than 8 years)

    Pros

    401(k), Personal Time Off, tuition reimbursement, work from home 2 days per week, excellent benefits.

    Cons

    There are few opportunities to get a management position or to advance your career. The company has 270K employees and is trying to reduce the workforce. The work environment is negatively impacted by the recent scandals and failure to pass the stress test. They will be closing 1000's of branches in the next few years. Management is unaccountable to anyone. If you have a bad manager or bad senior management in your organization, make a move to somewhere else in the bank because executive management won't do anything about it. The big company environment can be stifling and doesn't create an environment for taking the initiative. Surprisingly, in the IT group that I worked in, they don't use the latest technology or software applications.

    Advice to Management

    Too many layers of unaccountable managers. There is very poor communication across departments - too many silos.


  7. "Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Denver, CO
    Former Employee - Anonymous Employee in Denver, CO
    Neutral Outlook

    I worked at Wells Fargo full-time (More than 3 years)

    Pros

    good benefits great upper mgmt

    Cons

    age discrimination nepotism favors younger staff

    Advice to Management

    branches better supervision proactive

  8. "Wells Fargo's Management are Bullies"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Data Migration Specialist in Denver, CO
    Former Contractor - Data Migration Specialist in Denver, CO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Wells Fargo as a contractor (More than a year)

    Pros

    The pay was good. The Top Level Manager was very professional. The office space and equipment was of good quality.

    Cons

    The was a lot of racist towards people of color no matter their position. Colored Mangers got talked about by the white employees.

    Advice to Management

    None. It wouldn't matter to them.


  9. "Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker in Denver, CO
    Current Employee - Personal Banker in Denver, CO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Wells Fargo full-time (Less than a year)

    Pros

    Week days off and bank holidays off

    Cons

    hourly not salary and pay back PTO if you don't earn it and you leave the company


  10. "only for the strong"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Banking Specialist in Denver, CO
    Current Employee - Business Banking Specialist in Denver, CO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Wells Fargo full-time (More than 5 years)

    Pros

    the benefits are awesome
    nationwide so you can pretty much move wherever you would like

    Cons

    media bash
    rude customers
    politics
    sales

    Advice to Management

    treat your employees the way you want to be treated


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